Corient Private Wealth LP bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 1,525,470 shares of the industrial products company’s stock, valued at approximately $80,953,000. Corient Private Wealth LP owned 1.54% of Roper Technologies as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of ROP. Private Wealth Management Group LLC increased its stake in Roper Technologies by 195.8% in the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 47 shares in the last quarter. Triumph Capital Management bought a new position in shares of Roper Technologies during the 3rd quarter worth about $25,000. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Roper Technologies in the 2nd quarter valued at about $27,000. Tucker Asset Management LLC bought a new stake in Roper Technologies in the 4th quarter valued at about $33,000. Finally, Global Assets Advisory LLC bought a new stake in Roper Technologies in the 1st quarter valued at about $36,000. 93.31% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other Roper Technologies news, EVP John K. Stipancich sold 2,000 shares of the firm’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction of $758,100.00. Following the transaction, the executive vice president directly owned 35,634 shares in the company, valued at approximately $13,507,067.70. This trade represents a 5.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard F. Wallman sold 6,434 shares of Roper Technologies stock in a transaction on Friday, July 24th. The stock was sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the transaction, the director directly owned 7,423 shares in the company, valued at $2,679,703. This represents a 46.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.80% of the company’s stock.
Roper Technologies Price Performance
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, topping analysts’ consensus estimates of $5.29 by $0.09. The firm had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The business’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm posted $4.87 earnings per share. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. As a group, research analysts anticipate that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.
Roper Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a dividend of $0.91 per share. The ex-dividend date is Friday, October 2nd. This represents a $3.64 annualized dividend and a yield of 0.9%. Roper Technologies’s dividend payout ratio is 15.08%.
Analyst Ratings Changes
ROP has been the topic of several recent research reports. Argus upgraded Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target on the stock in a report on Thursday, August 6th. JPMorgan Chase & Co. boosted their price objective on Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a report on Wednesday, July 29th. Robert W. Baird set a $480.00 target price on Roper Technologies in a research report on Friday, July 24th. Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $417.00 price target on shares of Roper Technologies in a research report on Tuesday, August 18th. Seven analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $466.94.
Check Out Our Latest Analysis on Roper Technologies
Roper Technologies Company Profile
Roper Technologies, Inc (NASDAQ: ROP) is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.
Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.
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